0 Hollywood And Helium Amarillo, TX 79119
This exceptional 9.4-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the hard corner of Hollywood and Helium Roads, this property boasts a desirable location within the established Grey Hawk area, just one mile south of the new West Plains High School. The lot is situated on the curve of the Southwest Loop and Amarillo city limits, offering excellent visibility and accessibility. The property is zoned for commercial use outside city limits and includes a pre-existing agriculture well. A 2.5-acre portion is already platted, simplifying development plans. This strategic location is surrounded by strong landowners, including Perry Williams, Rockrose, Highland Springs, and Heritage Hills neighborhoods, indicating a stable and growing community. The asking price is $15, with a land value of $15 per square foot. This property's size, location, and existing infrastructure make it an attractive prospect for various commercial ventures. The established surrounding neighborhoods and proximity to a new high school further enhance its potential for significant return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional Amarillo property. Potter County location, zip code 79119.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.